scholarly journals Family-owned business in crisis: Introduction of outside manager in the board

2011 ◽  
Vol 8 (2) ◽  
pp. 111-119
Author(s):  
Daria Skidan ◽  
Valeriia Iefymenko
Keyword(s):  
Decision Making ◽  
Financial Crisis ◽  
Corporate Strategy ◽  
Family Members ◽  
Independent Directors ◽  
Executive Power ◽  
Decision Making Process ◽  
Crisis Period ◽  
Managerial Decisions ◽  
A Company

Family-owned business is a company owned and/or controlled by family members. Nowadays FOBs occupy an integral part of world economics and contribute greatly into the world’s GDP. However, financial crisis made FOBs suffer from losses even more than non-family companies. One of the threats connected with family executing the company is decision-making process being influenced by family interests and relations. With this regard, an introduction of the outside manager and vesting him with executive power is proposed for the crisis period to maximize the effect of managerial decisions and corporate strategy. Criteria for the outside manager are similar to independent directors’ criteria.

13. The nature of judicial review

2020 ◽  
pp. 277-308
Author(s):  
Neil Parpworth
Keyword(s):  
Decision Making ◽  
Judicial Review ◽  
Public Law ◽  
Executive Power ◽  
Decision Making Process ◽  
Private Law ◽  
The Public ◽  
Procedural Reform ◽  
Actual Decision ◽  
Public Bodies

Judicial review is a procedure whereby the courts determine the lawfulness of the exercise of executive power. It is concerned with the legality of the decision-making process as opposed to the merits of the actual decision. Thus it is supervisory rather than appellate. Emphasis is also placed on the fact that the jurisdiction exists to control the exercise of power by public bodies. This chapter discusses the supervisory jurisdiction of the courts, procedural reform, the rule in O’Reilly v Mackman, the public law/private law distinction, collateral challenge, and exclusion of judicial review. The procedure for making a claim for judicial review under the Civil Procedural Rules (CPR) 54 is outlined.

Do Public Enterprises Need a Corporate Strategy?

1987 ◽  
Vol 12 (2) ◽  
pp. 9-20 ◽  
Author(s):  
K R S Murthy
Keyword(s):  
Decision Making ◽  
Corporate Strategy ◽  
Team Work ◽  
Strategic Decision ◽  
Strategic Decision Making ◽  
Decision Making Process ◽  
Public Enterprises ◽  
Strategic Competence ◽  
The Public ◽  
Low Level

A large gap has arisen between the stated objectives of the public enterprises in India and their achievements, largely owing to inherent conflicts in their strategic decision making process. In this article, K R S Murthy stresses that any public enterprise's strategic competence depends on the interplay among three actors (managers, bureaucrats, and politicians) with diverse motivations, careers, and systems. Team work with common values and commitment among the three actors alone can improve the low level of strategic competence. Since the prerequisites for strategic formulations are riot met in public enterprises, it is a debatable point whether they should have a corporate strategy at all.

Access to residential care in Beijing, China: making the decision to relocate to a residential care facility

2011 ◽  
Vol 32 (8) ◽  
pp. 1277-1299 ◽  
Author(s):  
YANG CHENG ◽  
MARK W. ROSENBERG ◽  
WUYI WANG ◽  
LINSHENG YANG ◽  
HAIRONG LI
Keyword(s):  
Decision Making ◽  
Older People ◽  
Residential Care ◽  
Comparative Method ◽  
Information Access ◽  
Family Members ◽  
Care Facility ◽  
Decision Making Process ◽  
Residential Care Facility ◽  
Geographical Access

ABSTRACTThe demand for residential care by older people is increasing in Beijing as a result of dramatic demographic and socio-economic transformations. Little is known about the way older people access residential care in the context of Beijing. In this research, qualitative data collected from 46 in-depth semi-structured interviews with residential care facility (RCF) managers, older residents, and their family members in six RCFs in Beijing were transcribed and analysed using the constant comparative method. The findings included the following themes: access to residential care as geographical access, information access, economic access, socio-cultural access, and the socio-managerial environment. Geographical access is influenced by location, distance, and the micro-physical environment and amenities of RCFs. Information access refers to the capability to acquire related information on available resources. Economic access is the financial affordability for the resources. Socio-cultural access is affected by individual attitudes and aggregative cultural values on ageing and care of older people. Additionally, the social-managerial environment such as reputations of RCFs, quality of services, and management mechanisms are also important to the decision-making process. All these factors influence older people and their family members’ decision-making process of which RCF to choose. The research provides a multi-perspective analysis of access to residential care and suggestions on improving the accessibility of residential care for older people in Beijing.

scholarly journals A LOGISTIC APPROACH FOR DESCRIPTION OF DECISION-MAKING PROCESS / SPRENDIMŲ PRIĖMIMO APRAŠYMAS LOGISTINIU POŽIŪRIU

Aviation ◽  
2011 ◽  
Vol 15 (1) ◽  
pp. 21-24 ◽  
Author(s):  
Mariya Grigorak ◽  
Olga Shkvar
Keyword(s):  
Decision Making ◽  
Customer Service ◽  
Human Factor ◽  
Decision Making Process ◽  
Strategic Decisions ◽  
Optimal Decisions ◽  
A Company

Managers must make strategic decisions to cope with issues of uncertainty, customer service and the management of a company. The objective of this paper is to analyse the problem of optimisation and search of rational logistic decisions, taking into account the human factor and, in particular, the preferences of people who make decisions and implement them during the logistic activity of an enterprise. The problem of making optimal decisions for transportation of goods, taking into account the factor of urgency was investigated. Santrauka Marketingo vadybininkai turi priimti strateginius sprendimus, kaip suvaldyti neaiškias situacijas, organizuoti darbą su klientais bei su įmonės vadovybe. Šio tyrimo tikslas yra problemos optimizavimo analizė bei racionalių logistinių sprendimų paieška, įvertinant subjektyvumą ir iš dalies—pirmenybės sistemą asmenims, kurie priima sprendimus ir užtikrina jųįvykdymą, įgyvendinant logistinęįmonės veiklą. Išanalizuotas optimalaus spendimo priėmimas gabenant krovinius, kai reikia įvertintį skubumo faktorių.

Treatment decision-making for older adults with cancer: A qualitative study

2020 ◽  
pp. 096973302094575
Author(s):  
Ni Gong ◽  
Qianqian Du ◽  
Hongyu Lou ◽  
Yiheng Zhang ◽  
Hengying Fang ◽  
...  
Keyword(s):  
Decision Making ◽  
Qualitative Study ◽  
Cancer Patients ◽  
Family Members ◽  
Treatment Decision ◽  
Chinese Society ◽  
Decision Making Process ◽  
Treatment Decision Making ◽  
The Family ◽  
Older Cancer Patients

Background: Independent decision-making is one of the basic rights of patients. However, in clinical practice, most older cancer patients’ treatment decisions are made by family members. Objective: This study attempted to analyze the treatment decision-making process and formation mechanism for older cancer patients within the special cultural context of Chinese medical practice. Method: A qualitative study was conducted. With the sample saturation principle, data collected by in-depth interviews with 17 family members and 12 patients were subjected to thematic analysis. Ethical considerations: The study was approved by the ethics committees of Sun Yat-sen University. All participants provided verbal informed consent after being told their rights of confidentiality, anonymity, and voluntary participation. They had the right to refuse to answer questions and could withdraw at any time. Results: Three themes emerged: (1) complex process; (2) transformation of family decision-making power; and (3) individual compromise. Family members inevitably had different opinions during the long process of treatment decision-making for older cancer patients. The direction of this process could be regarded as an extension of the family power relationship. The patient usually compromised the decision to survive, which was made by family members. Conclusion: This study describes the treatment decision-making process of older cancer patients in the context of Chinese culture. The reasons underlying this process are related to the views on life and death and family values. An individual is a part of the family, which is often seen as the minimal interpersonal unit in Chinese society. It is significant that while emphasizing patient autonomy in the decision-making process, health professionals should also pay attention to the important roles of culture and family.

A survey of the bidding practices of Canadian civil engineering construction contractors

1999 ◽  
Vol 26 (1) ◽  
pp. 13-25 ◽  
Author(s):  
Aminah Fayek ◽  
Indrani Ghoshal ◽  
Simaan AbouRizk
Keyword(s):  
Decision Making ◽  
Risk Analysis ◽  
Survey Methodology ◽  
Civil Engineering ◽  
Decision Making Process ◽  
Major Conclusion ◽  
Engineering Construction ◽  
Common Practices ◽  
A Company ◽  
Insight Into

This paper presents the findings of a survey of the bidding practices of Canadian civil engineering construction contractors. The results of the survey provide insight into the most important factors that contractors consider in making four bid decisions: the decision to bid, the risk allowance, the opportunity allowance, and the markup-size decision. The survey methodology is described to illustrate its effectiveness. Common practices in assessing risks and opportunities, the competition, and markup are discussed. A major conclusion of this paper is that the decision-making process used in bidding is largely subjective and based on experienced judgement. The assessment of the competition is done on an informal basis in most cases, with little use of historical competitor data. Risk and opportunity assessment is subjective and largely based on experience. Although the markup-size decision is critical to the success of a company in achieving its objectives and realizing a profit, markup setting is usually based on experience, with little or no formal methods of analysis.Key words: bidding, markup, risk analysis, surveys, tendering.

scholarly journals Do the Characteristics of Independent Directors and Supervisory Board Members Matter in China?

2016 ◽  
Vol 2 (3) ◽  
pp. 27 ◽  
Author(s):  
Hongmei Xu ◽  
Jiang Lin
Keyword(s):  
Decision Making ◽  
Firm Performance ◽  
Supervisory Board ◽  
Clear Relationship ◽  
Independent Directors ◽  
Board Members ◽  
Decision Making Process ◽  
Listed Firms ◽  
Empirical Results

This paper investigates and compares the characteristics of independent directors and supervisory board members in Chinese listed firms. The occupational backgrounds of independent directors and supervisory board members in listed firms are very different. Besides, different firms have different preferences in employing independent directors and supervisory board members according to their demands. Moreover, the empirical results show that characteristics of independent directors and supervisory board members have no clear relationship with firm performance. No matter their professional backgrounds or age, the independent directors and supervisory board members do not have the authority to affect the decision making process of management. Thus they cannot really contribute to firm performance.

13. The nature of judicial review

2018 ◽  
Author(s):  
Neil Parpworth
Keyword(s):  
Decision Making ◽  
Judicial Review ◽  
Public Law ◽  
Executive Power ◽  
Decision Making Process ◽  
Private Law ◽  
The Public ◽  
Procedural Reform ◽  
Actual Decision

Judicial review is a procedure whereby the courts determine the lawfulness of the exercise of executive power. It is concerned with the legality of the decision-making process as opposed to the merits of the actual decision. Thus it is supervisory rather than appellate. This chapter discusses the supervisory jurisdiction of the courts, procedural reform, the rule in O’Reilly v Mackman, the public law/private law distinction, collateral challenge, and exclusion of judicial review. The procedure for making a claim for judicial review under the Civil Procedural Rules (CPR) 54 is considered.

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